A firm makes what type of plans to accommodate unforeseen changes and forecast errors?
A) Continual
B) Contingency
C) Conclusive
D) Contextual

Question

Quizplus · Accepted Answer

Contingency plans are made to accommodate unforeseen changes and forecast errors, allowing the firm to adjust or pivot if necessary without derailing the entire plan. Continual plans focus on ongoing improvement, while conclusive plans are final, decisive plans for reaching a specific goal. Contextual plans are tailored to a specific situation or context.

A Firm Makes What Type of Plans to Accommodate Unforeseen